Verizon gave itself a hearty pat on the back earlier this week as it rolled out a new gigabit tier of its FiOS internet service. The new option, Verizon said in the press release, would only cost $70 per month. FiOS customers were understandably excited. But make sure you’ve got …
Read More »IBM launches 4 new data centers in the U.S.
IBM, which has been putting a lot of emphasis on its cloud services and infrastructure lately, today announced that it is opening four new data centers in the United States. These new facilities — two in Dallas, Texas and two in Washington, DC — bring IBM’s total number of data centers …
Read More »The Internet of Cows herds hackers to support the global cattle industry
Cows are generally not top of mind among those who call the animal pen, South of Market, San Francisco, home. But BovControl, a Brazilian startup building data analytics tools to support livestock operations, is working to close the gap between technologists and ranchers. Host of the Internet of Cows hackathon, in partnership with Google Launchpad and The Silicon …
Read More »Oscar Health rolls out its small business product Oscar for Business
Oscar Health, a startup rethinking health insurance for the digital age, is rolling out a new product for small businesses called Oscar for Business. The rollout comes as Oscar struggles with its original bet on individual insurance through the Affordable Care Act, a move which vaulted the company, now valued at …
Read More »An engineer’s guide to picking a startup
Anshu Sharma was a venture partner at Storm Ventures and is currently the chief executive at a still-in-stealth startup. One of the questions I often get from engineers I mentor is how do you decide on what early stage startup is worth working for? Often, this is long before you …
Read More »The death of retail is greatly exaggerated
I’ve been thinking a lot about retail these days and I’ve been connecting the dots between the seeming death of retailers like Ralph Lauren and the book industry. In short, we are feeling the seismic echoes of the 2008 crash right now on Main Street and things are both ugly …
Read More »Analyzing the spectrum of corporate innovation from R&D to VC
Scott Lenet is President of Touchdown Ventures. Innovation is a hot topic, and it can be confusing for large corporations. With terms like incubator, accelerator and corporate venturing frequently mentioned, but rarely defined, the menu of innovation options can be overwhelming. A useful framework for understanding corporate innovation distinguishes what “innovation …
Read More »Theranos says it has been mischaracterized in allegations the company faked tests
Theranos secretly bought lab equipment through a shell company, faked tests and inappropriately pumped up its financial outlook to investors, according to allegations in recently unsealed court documents, first reported by the Wall Street Journal. Partner Fund Management LP, a hedge fund management firm which invested $96 million in Theranos …
Read More »Planned Parenthood enrolls in 500 Startups’ seed program
Planned Parenthood has been threatened repeatedly with blockage of access in several states since Trump became our 45th president. But it also, as a consequence, has received a serious spike in donations (40 times its normal rate, according to the Guardian). The organization’s leaders are now looking to 500 Startups’ …
Read More »Uber shares growing financials to distract from negative publicity
Uber, the popular ride-hailing startup, shared a grip of new financial metrics with Bloomberg today. The numbers indicate that the company is still growing at an impressive pace, and that despite staggering losses may be getting a handle on its cash burn. The company’s numbers have leaked in various quantities …
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